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Downtown's Transformation 2014

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Downtown's Transformation 2014 DOWNTOWN'S TRANSFORMATION 2014 FEATURINg 50+ DEVElOPMENTS COMPlETED OR UNDERWAY 2013-2014 $1.2 BIllION INVESTMENT / 2,510 lOFTS / 454 HOTEl ROOMS 1.6+ MIllION SF COMMERCIAl SPACE / 2,479 PARkINg SPACES These figures do not include the proposed Shockoe Bottom Revitalization Plan PRODUCED BY VENTURE RICHMOND SHOCKOE BOTTOM 2 REVITALIZATION PLAN 1 SLAVERY AND FREEDOM 2 3 HERITAGE SITE The Plan includes an important historical component. The Slavery and Freedom Heritage Site will be on the site of the Lumpkins Slave Jail, which is across the train trestle from the proposed commercial and residential development. KROGER GROCERY STORE, 3 This permanent memorial will replace the vacant land HYATT HOTEL, AND PARKING DECK and surface parking lots that exist today and will be SHOCKOE BASEBALL STADIUM 1 A 120-room Hyatt Hotel is part of a mixed-use building, designed and built as a fitting recognition for such a A centerpiece of the Revitalization Plan is a new » There will be ample convenient parking in close with the lobby and pool deck overlooking the ballpark. significant chapter in the history of our City and nation. proximity to the new ballpark (3,000 spaces 7,500-seat ballpark in Downtown Richmond that will A 60,000 SF full-service, full-size Kroger Grocery Extensive research by the Slave Trail Commission compared to 2,000 at the Diamond). be the pride of Minor League Baseball. This ballpark, Store on the street level of the building. A new parking shows that the great majority of slave trading loca- situated on vacant parking lots adjacent to Main » The downtown traffic grid, which accommodates deck with 1,200+ spaces located on Broad St. directly tions in Shockoe, along with the Lumpkins Slave Jail Street Station, will be a fun family venue for baseball over 70,000 people who come to work each day, across from the ballpark entrance. site, were heavily clustered west of the present-day fans of all ages. will be able to easily accommodate the 7,000 train trestle. The ballpark and related development This world-class ballpark will feature a stunning coming to and from the average game. will all be east of the train trestle. design that enhances the fan experience and comple- » The City's $22 million investment in storm water ments the surrounding neighborhood residences, 4 improvements in Shockoe in recent years, coupled 4 businesses, shops and restaurants. In considering a RESIDENTIAL with the ballpark's creative design, will help reshape New construction of 750 apartments in two location for the new ballpark, City planners, as well as the floodplain and create land on which the ballpark residential buildings adjacent to the ballpark. outside architects, engineers and other experts, have and the other commercial and residential development carefully reviewed traffic, parking needs and infra- lovingRVA.com included in the Revitalization Plan can be constructed. richmondgov.com structure issues. This review has shown the following: 2 Powered by Venture Richmond venturerichmond.com 3 SHOCKOE BOTTOM 2 REVITALIZATION PLAN 1 SLAVERY AND FREEDOM 2 3 HERITAGE SITE The Plan includes an important historical component. The Slavery and Freedom Heritage Site will be on the site of the Lumpkins Slave Jail, which is across the train trestle from the proposed commercial and residential development. KROGER GROCERY STORE, 3 This permanent memorial will replace the vacant land HYATT HOTEL, AND PARKING DECK and surface parking lots that exist today and will be SHOCKOE BASEBALL STADIUM 1 A 120-room Hyatt Hotel is part of a mixed-use building, designed and built as a fitting recognition for such a A centerpiece of the Revitalization Plan is a new » There will be ample convenient parking in close with the lobby and pool deck overlooking the ballpark. significant chapter in the history of our City and nation. proximity to the new ballpark (3,000 spaces 7,500-seat ballpark in Downtown Richmond that will A 60,000 SF full-service, full-size Kroger Grocery Extensive research by the Slave Trail Commission compared to 2,000 at the Diamond). be the pride of Minor League Baseball. This ballpark, Store on the street level of the building. A new parking shows that the great majority of slave trading loca- situated on vacant parking lots adjacent to Main » The downtown traffic grid, which accommodates deck with 1,200+ spaces located on Broad St. directly tions in Shockoe, along with the Lumpkins Slave Jail Street Station, will be a fun family venue for baseball over 70,000 people who come to work each day, across from the ballpark entrance. site, were heavily clustered west of the present-day fans of all ages. will be able to easily accommodate the 7,000 train trestle. The ballpark and related development This world-class ballpark will feature a stunning coming to and from the average game. will all be east of the train trestle. design that enhances the fan experience and comple- » The City's $22 million investment in storm water ments the surrounding neighborhood residences, 4 improvements in Shockoe in recent years, coupled 4 businesses, shops and restaurants. In considering a RESIDENTIAL with the ballpark's creative design, will help reshape New construction of 750 apartments in two location for the new ballpark, City planners, as well as the floodplain and create land on which the ballpark residential buildings adjacent to the ballpark. outside architects, engineers and other experts, have and the other commercial and residential development carefully reviewed traffic, parking needs and infra- lovingRVA.com included in the Revitalization Plan can be constructed. richmondgov.com structure issues. This review has shown the following: 2 Powered by Venture Richmond venturerichmond.com 3 SHOCKOE 5 MAIN STREET STATION 5 8 10 11 SHED RENOVATION SHOCKOE BOTTOM 1500 EAST MAIN STREET Renovation of the train shed: 65,000 SF of commercial space including a tourism center and indoor market. Completion: 2015. $28 million total investment. Main Street Station is the most recognizable building on I-95 between Miami and New York, 65 million cars pass by each year. richmondgov.com TERRACE 202 8 SHOCKOE SLIP SHIPLOCK WATCH 10 LOFTS AT river’S FALL 11 202 NORTH 20TH STREET 6 SHOCKOE BOTTOM SHOCKOE BOTTOM 1800 BLOCK OF EAST CARY STREET New construction of 59 units with balconies, 2823 EAST MAIN STREET 3,225 SF community terrace with green space, New construction: 130 high-end lofts, 250 covered parking spaces, Renovation of 36 existing apartments and addition of 15 new units. 51 total fire pit, grill and lounge area, 40 parking spaces, swimming pool, and electric vehicle charging stations. Completed: 2013. units, fitness center, swimming pool with a vanishing edge overlooking 566 SF retail/commercial space. Completed: 2013. $22 million total investment. $6.9 million total investment. the James River. Completion: 2014. $5 million total investment. loftsatcanalwalk.com themonumentcompanies.com mainstreetrealty.net senseidevelopment.com SHOCKOE PUBLIC SQUARE / 17TH STREET FARMERS MARKET REDESIGN 6 (CONCEPTUAL PLAN) 9 12 13 SHOCKOE BOTTOM 1548 EAST MAIN STREET Redesign the 17th Street Farmers Market and 17th Street into a public square with open, flexible space to allow the following: pedestrian connects, weekly pop-up markets, patio dining, events, etc. This includes 17th Street from East Main Street to East Franklin Street and ties into the new Franklin Street connection (that will run under the train shed from 15th to 17th Streets) as well as connect to the proposed baseball stadium. Completion: 2015. $4.6 million investment for phase one. richmondgov.com 7 9 RAILROAD Y AND 7 EXCHANGE PLACE 14TH AND CARY FIRST FREEDOM 12 DAVENPORT BUILDING 13 17TH STREET LOFTS SHOCKOE SLIP CENTER AND MARRIOTT HOTELS SHOCKOE SLIP 1313 EAST MAIN STREET SHOCKOE BOTTOM SHOCKOE SLIP 1401 EAST CARY STREET 1548 EAST MAIN STREET Historic conversion of office into residential: 14TH AND CARY STREETS Historic renovation converting apartments and retail into office commercial: 63 apartments, gym, parking, and 30,000 SF Renovation and modernization of 30 apartments. New construction of Marriot Hotels: six story, 210-room hotel, 134,000 25,000 SF, parking at 14th & Cary Street lot. Anchor tenant is Kaplan commercial. Completed: 2013. $12.9 million Completed: 2013. $1.9 million total investment. SF. Two Marriot brands: Residence Inn with 75 extended-stay rooms Voekler Cunningham & Frank. Other tenants are the Feedback Agency total investment. railroady-17thstreetapartments.com and Courtyard by Marriot with 135 rooms. Outdoor courtyard area, and Canal Capital Management. Completed: 2013. themonumentcompanies.com First Freedom Center exhibit space, and Monument to First Freedom. capitalsquaremanagment.com Completion: 2015. $30 million total investment. 4 Powered by Venture Richmond venturerichmond.com 5 SHOCKOE 5 MAIN STREET STATION 5 8 10 11 SHED RENOVATION SHOCKOE BOTTOM 1500 EAST MAIN STREET Renovation of the train shed: 65,000 SF of commercial space including a tourism center and indoor market. Completion: 2015. $28 million total investment. Main Street Station is the most recognizable building on I-95 between Miami and New York, 65 million cars pass by each year. richmondgov.com TERRACE 202 8 SHOCKOE SLIP SHIPLOCK WATCH 10 LOFTS AT river’S FALL 11 202 NORTH 20TH STREET 6 SHOCKOE BOTTOM SHOCKOE BOTTOM 1800 BLOCK OF EAST CARY STREET New construction of 59 units with balconies, 2823 EAST MAIN STREET 3,225 SF community terrace with green space, New construction: 130 high-end lofts, 250 covered parking spaces, Renovation of 36 existing apartments and addition of 15 new units. 51 total fire pit, grill and lounge area, 40 parking spaces, swimming pool, and electric vehicle charging stations. Completed: 2013. units, fitness center, swimming pool with a vanishing edge overlooking 566 SF retail/commercial space. Completed: 2013. $22 million total investment.
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